Case Study - Tier two lender: Collection and recoveries servicing

We supported a tier two lender service 30,000 accounts. Standing up a collection and recoveries operation utilising the lenders own collection platform.

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  • Met 100%

    on quality and SLA's

  • Team of 12

    dedicated collection and recoveries agents

  • Circa 15,000

    customers serviced each month

The opportunity

Our client sought a collection and recoveries operational team to service their customers using the banks own collection platform.

We had to meet a strict deadline, with an Implementation period of three months, driven by lender.

The portfolio included a mix of unsecured products, personal loans, overdraft and credit cards.

Customer centric solution

  • Provision of process and procedure manuals aligned to lenders platform functionality

  • A dedicated collection and recoveries operational service, supported by a set of shared service functions. Including Compliance and IT

  • A data analytics service using lenders platform to drive collection performance

  • Telephony and intelligent IVR solution

  • Provision of a service in accordance with all regulations and review and manage the impact of future regulatory development/change

  • Fair treatment of all customers and delivery of a service focused on customer outcomes

  • Digital roadmap to improve productivity and customer experience.

Delivering great outcomes

Friction free hand offs

100% quality and SLA's

A dedicated team of 12 collection and recoveries agents

Branded office space

Cultural alignment with lenders in house team

Circa 1500 customers serviced each month.